Adviser appointed to handle loudspeaker sale

Add to My Stories Print page Add to Favourites

Momentum has been injected into the effort to sell the German loudspeaker and amplifier maker d&b AudioTechnik, with an adviser having been appointed to handle the process which is expected to lead to a deal in the coming months.

Ardian has appointed Macquarie to advise it on the sale and that a formal auction process will now start in the coming weeks, although it seems that no shortlist has yet been drawn up, In October, it was reported that Ardian had decided to sell d&b AudioTechnik and that it aimed to raise at least €600m from the disposal. The company is expected to generate EBITDA of between €45m and €50m this year.

Investors say that a multiple of around 12x is a realistic objective for the company, which is a market leader in the professional loudspeaker market. This is in line with the multiple that Ardian paid for the company in March 2016. The premium end of the professional market attracts significantly higher valuations than the mass consumer market.

Founded in 1981, d&b Audiotechnik is regarded as one of the world’s leading producers of high-quality speakers, amplifiers and related components for the professional market, used at festivals and concert halls and other venues across many countries in Western Europe, North America and the Far East.

You are using a Trial account

Thank you for trying Acquisitions Daily. You have read out of 2 articles.

If you want to read more than 2 articles, please contact us below to discuss a subscription.

Subscription Enquiry


If you are outside of the UK, please add your international dial code, e.g +33.